Car finance in Coventry
Getting a great car finance deal in Coventry doesn’t have to be overly difficult or stressful; just place your trust in Car Finance Genie today.
Obtaining car finance in Coventry
Finding your dream car can be a stressful – albeit exciting – experience, and this is particularly true if you are having to count the pennies to make your purchase. This can place a large limit on the types and quality of vehicles that you can view, and can narrow your search field to a limited number of options.
Car finance offers the chance to change this, providing a higher budget for your purchase, along with the wider range of cars that comes alongside this. This is especially the case here at Car Finance Genie, where we make obtaining car finance in Coventry as simple and stress-free as possible.
How we work
Obtaining the right car finance in Coventry has never been easier. Simply follow these four steps and your wish with Car Finance Genie will be granted.
- Apply
If you find yourself wishing upon a car, but are unsure how to make your dream a reality, simply provide us with a few details. We will then compare your requirements against a wide variety of lending options, so that we can help you get the motor you have always wanted.
- Get approved
At Car Finance Genie, we can find a range of solutions to choose from, no matter your budget or credit situation. We have got your back, and will outline all the best options available to you from a wide range of reputable car finance lenders.
- Choose a car
We work with a plethora of carefully selected car dealerships, giving you hundreds of quality used cars to choose from. That’s right – we can help you to find the right car and finance solution, all in one place. It’s never been simpler!
- Drive away
After choosing your car, filling in the paperwork, and signing on the dotted line, you will be able to get behind the wheel of the ideal car for you. Submit your application today and drive away in your next motor in the near future.
Frequently asked questions
How much can I borrow?
Budget is one of the most important things to consider when you are contemplating car finance. We have an online car finance calculator that will help you quickly arrive at a budget, so that you don’t borrow more than you can realistically afford to repay.
Car or finance – which comes first?
The amount that you can borrow may greatly influence what type and model of car you can ultimately obtain through a car finance deal. So, you should make sure you check the maximum amount you can realistically and safely borrow before making your decision.
You will need to do your research before making any decision on car finance, considering potential models and how much you will be able to afford.
What is the maximum borrowing amount determined by?
Lenders will use a number of criteria to determine how much you can borrow, and these include:
- Your credit rating
- How long you have been working
- Whether you already own another vehicle
- The size of the deposit that you provide
How much will my monthly repayments be?
Once you know how much you can borrow and what kind of car you want, you will need to work out how much you will need to pay each month. This is known as the monthly repayment figure, and it’s calculated using a combination of the following factors:
- The amount that you borrowed
- The interest rate that you chose
- The length of time that you plan to keep the car
The main thing to remember about car finance is that the more you borrow, the higher the monthly repayment figure will be. Don’t forget that you will also have to factor in interest, which will add an additional cost to your monthly repayments.
Car finance in Coventry from Car Finance Genie
If you’re thinking about buying a car, but aren’t sure how much you can afford, then car finance might just be the answer. By securing the right car finance deal, you might be able to get behind the wheel of a vehicle you may have never imagined would be within your financial reach.
With Car Finance Genie, getting car finance in Coventry can be straightforward and stress free. So, let us help you #WishUponACar and start your application today – or give us a call on 01277 583 046.